Major UK oil and gas producers show cautious approval of taxation tweaks

Today’s announcement welcomed but more needs to be done, says UK’s representative body

Backtracking on tax? UK Prime Minister Rishi Sunak (left) and Chancellor of the Exchequer Jeremy Hunt.
Backtracking on tax? UK Prime Minister Rishi Sunak (left) and Chancellor of the Exchequer Jeremy Hunt.Photo: REUTERS/SCANPIX
Published 9 June 2023, 14:26Updated 13 June 2023, 14:49